UTB Stock Overview
Operates as a bank holding company for Unity Bank that provides range of commercial and retail banking services to individuals, small and medium sized businesses, and professional communities.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Unity Bancorp, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$24.20 |
| 52 Week High | US$27.60 |
| 52 Week Low | US$20.20 |
| Beta | 1.05 |
| 11 Month Change | -3.97% |
| 3 Month Change | -2.42% |
| 1 Year Change | 15.24% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 402.39% |
Recent News & Updates
Recent updates
Shareholder Returns
| UTB | DE Banks | DE Market | |
|---|---|---|---|
| 7D | 0% | 2.2% | 0.9% |
| 1Y | 15.2% | 27.2% | 4.2% |
Return vs Industry: UTB underperformed the German Banks industry which returned 27.2% over the past year.
Return vs Market: UTB exceeded the German Market which returned 4.2% over the past year.
Price Volatility
| UTB volatility | |
|---|---|
| UTB Average Weekly Movement | 5.2% |
| Banks Industry Average Movement | 3.5% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 10.5% |
| 10% least volatile stocks in DE Market | 2.5% |
Stable Share Price: UTB has not had significant price volatility in the past 3 months.
Volatility Over Time: UTB's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1991 | 232 | Jim Hughes | www.unitybank.com |
Unity Bancorp, Inc. operates as a bank holding company for Unity Bank that provides range of commercial and retail banking services to individuals, small and medium sized businesses, and professional communities. It offers personal and business checking accounts, time deposits, money market accounts, savings accounts, and retirement accounts, as well as noninterest and interest-bearing demand deposits. The company also provides small business administration loans; commercial loans; and residential mortgage and consumer loans, including residential real estate, home equity lines and loans, and residential construction lines, as well as personal loans.
Unity Bancorp, Inc. Fundamentals Summary
| UTB fundamental statistics | |
|---|---|
| Market cap | €248.15m |
| Earnings (TTM) | €36.40m |
| Revenue (TTM) | €93.00m |
6.9x
P/E Ratio1.0x
P/B RatioIs UTB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| UTB income statement (TTM) | |
|---|---|
| Revenue | US$99.67m |
| Cost of Revenue | US$0 |
| Gross Profit | US$99.67m |
| Other Expenses | US$60.66m |
| Earnings | US$39.01m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.89 |
| Gross Margin | 100.00% |
| Net Profit Margin | 39.14% |
| Debt/Equity Ratio | 116.1% |
How did UTB perform over the long term?
See historical performance and comparison